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Newton Road, Sparkhill

West Midlands

£240,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
840 sqft

Description

This spacious three-bedroom mid-terrace property presents an excellent opportunity for renovation and investment, located in a vibrant neighborhood with strong potential for growth. The home features gas central heating and full double glazing, which enhance both comfort and energy efficiency. The layout includes generously sized living spaces and well-proportioned bedrooms, making it a promising canvas for updates and personal touches. Situated conveniently near Stratford Road, residents will benefit from easy access to key transport links leading into the city center. The property is also close to a variety of shops, local amenities, schools, and essential services, further enhancing its appeal as a family home or rental investment. Entering the ground floor, the hallway leads to multiple reception rooms that offer versatility in their use. The first reception room features a double-glazed bay window that floods the space with natural light, while the second room may serve various functions such as a dining area or home office. The third reception room boasts another bay window and connects seamlessly to the kitchen, providing potential for an open-plan living experience. The kitchen includes essential units and appliances laid out for functional use. Additionally, there is a practical bathroom on this level offering basic facilities without compromise on convenience. An outdoor WC accessed from the garden adds an extra layer of practicality. On the first floor, you’ll find three bedrooms that are bright and inviting. Each bedroom features double glazing and cozy carpeting along with radiators ensuring warmth throughout all seasons. The loft area is currently utilized for storage but holds significant potential for conversion into additional living space should planning permission be acquired. Outside, the rear garden is paved and presents an easily maintainable outdoor area suitable for relaxation or other uses. This property is freehold, but prospective buyers are encouraged to verify this information through their solicitors or surveyors promptly. With its prime location and versatile spaces ripe for renovation, this home is poised not only as a comfortable residence but also as a sound investment opportunity in an evolving market.

Investment Analysis

(B11 area)

Above Market Value

This property is priced +29.2% above area average per sq ft

+29.2%
This Property
£286/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£204,343
10% above area average per sq ft
Potential ROI
-21.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (B11)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 4.8%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on B11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Newton Road, Sparkhill
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£879
Based on a loan of £180,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE